Some quite interesting numbers (original press release) from a MyWay Investment Advisors (MWIA – an independent financial planning and investment advisory firm) survey about what wealthy clients (incomes greater than $75,000 and $150,000 to $600,000 in invested assets) think about their financial advisors. This included 98% who said they would change something about the way [...]
“I’m living so far beyond my income that we may almost be said to be living apart.” – E.E. Cummings
This is a question I get time and again – “How do I save money?” While how to go about saving money seems intuitive to some people, there is a large group out there that just doesn’t seem to know how. For those seeking the answer on how to save, I usually point them toward [...]
It’s another Monday and that means that the carnivals are out in force. Some good reading for those of you looking for interesting topics: Frugal for Life has put together the Carnival of Debt Reduction. Savvy Saver is hosting this week’s Carnival of Personal Finance. The Real Returns has gathered a nice assortment of investing [...]
I’ve always enjoyed a story that I have often told about the power of compound interest and the Indians who sold Manhattan. I even wrote an article about the power of compound interest a couple of years back using the example I had found in an old shoe manual: Inspiration is often found in the [...]
One of the worst habits I used to have was drinking soft drinks. There are no two ways about it – I was addicted to them. I would have a minimum of three a day and was spending close to $100 a month on them. I knew I needed to drastically reduce the number I [...]
One important aspect in getting your personal finances in order is being able to critically analyze offers that come to you to see whether or not they are a good deal. The offer come-ons often make it sound like there’s no way that it could be a bad deal, but it’s important to look at [...]
“Don’t go around saying the world owes you a living. The world owes you nothing. It was here first.” – Mark Twain
Although it might seem like money will bring you happiness in your retirement as you struggle to save money, it won’t do so in itself. Much like the question of whether or not money can buy happiness, there are a number of other factors that play a part besides money itself. Not to get the [...]
One of the most common emails I receive from readers is “what is the best way to save money?” While there are a lot of ways to go about doing this, trying to make the saving a fun game rather than a must do chore will go a long way into making the money saving [...]
